A third of Millennium Award winners believe they have obtained full-time jobs as a direct result of undertaking their project, according to new research.
The Social Impact Study of the Millennium Awards also found that 60 per cent of recipients were planning to continue or extend their project in the future, and nearly 70 per cent were more likely to take part in education and training.
The Millennium Awards, run by the Millennium Commission since 1996, give grants to individuals to set up community-based projects which benefit local people.
UnLtd, the foundation for social entrepreneurs, won the competition to take over and manage the Commission's £100 million endowment in December 2000.
It was initially planned that the foundation would start making grants at the end of 2001. However, the Commission said that this will now start at the end of 2002.